Vaibhav Global allots over 1.80 lakh equity shares under ESOP; Stock up 3%

2 Aug 2022 , 09:19 AM

Vaibhav Global Limited has informed that the Company has allotted 1,80,729 Equity Shares of Rs. 2/- each on August 01, 2022 to “Vaibhav Global Employee Stock Option Welfare Trust” under VGL Employees Stock Option Plan (As Amended) – 2006 and Vaibhav Global Limited Restricted Stock Unit Plan-2019.

As per the filing, consequent to the said allotment, the paid up Equity Share Capital of the Company has increased to Rs32,90,88,564 consisting of 16,45,44,282 Equity Shares of Rs. 2/- each, the company said.

At around 9:18 AM, Vaibhav Global was trading at Rs333.90 per share up by Rs10.45 or 3.23% from its previous closing of Rs323.45 per share on the BSE.